Rental Outdoor Led Display Market valued at US $7332.36 Billion in 2022, is anticipated to reach a value of US $14717.77 Billion in 2030, growing at a CAGR of 9.10%.
The demand for outdoor LED displays is currently skyrocketing, which has resulted in an enormous output of various types of outdoor LED displays. As a result, the requirements for LED display screen quality are becoming more stringent and specific.
Technically, the production of outdoor LED screens includes fabricating LEDs with various colour wavelengths on printed circuit boards (PCBs). Surface mounting device or dual-inline packaging (DIP) are two possible packaging types (SMD). These screens are durable and resistant to deterioration brought on by moisture, pollution, and sunshine. The popularity of LED display advertising among sponsors of entertainment programmes, sporting events, and exhibitions as opposed to paper or poster-based advertising drives the growth of the outdoor LED display industry. However, there are a number of issues that limit market expansion, including large initial investments and erratic demand.
The need for renting outdoor LED displays to show content is expanding as the significance of commercials, promotions, marketing, and message showing in public spaces grows. These days, renting outdoor LED displays is popular for showing content.
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Segmentation Analysis of Global Rental Outdoor LED Display market:
Based on type
- Surface mounted
- Individually mounted
- Others
Based on application
- Billboards
- Mobile LED Display
- Perimeter board
- Traffic lights
- Video wall
- Others
Based on rent duration
- Short term
- Long term
- Others
Based on end-user
- Leisure
- Commercial
- Others
Based on LED size outlook
- 512x512mm
- 576x576mm
- 1280x640mm
- others
Competitive Landscape:
The Key players in the Global Rental Outdoor LED Display Market are Barco N.V, Panasonic Corporation, Daktronics Inc, Sony Corporation, LG Electronics, Toshiba Corporation, EKTA Ltd, Leyard Opto Electronics Pvt. Ltd, and Electronic Displays Inc.
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Key Questions:
- What is the growth rate of this Market?
- What are the primary growth determinants of this market?
- Which are the major regions constituting the geographical landscape of this Market?
- Which are the prominent companies operating in This Market?
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